Notiva

About Notiva

Notiva is a fintech company that provides transaction monitoring and security solutions for banks and financial institutions. Founded in 2016 by Romit Dasgupta and part of the Globsyn Group, the company is headquartered in Kolkata, India. The Globsyn Group was established in 1997 by Bikram Dasgupta, and his sons, Romit and Rahul Dasgupta, are second-generation entrepreneurs leading the technology vertical. Notiva was developed to capitalize on the fintech market opportunity, focusing on compliance and transaction monitoring.

The company's product suite addresses both domestic and cross-border payments. Key products include Notiva Prime, a middleware solution that monitors SWIFT transactions and enables straight-through processing (STP) between a bank's internal systems and the SWIFT gateway. Notiva Central is a fraud and risk management solution for various domestic payment channels, while Notiva Sanctum serves as a data-warehousing solution for investigating historical transactions. Other offerings include Notiva Recon for NOSTRO reconciliation and the Notiva MTMX Converter to help banks transition to the ISO 20022 messaging standard.

Notiva operates on a B2B business model, serving banks directly by installing its products on the bank's premises. The company aims to provide robust, yet affordable, high-tech solutions that help financial institutions meet regulatory compliance and governance standards while detecting and preventing fraud. The firm's solutions are used by over fifteen banks, processing more than 80,000 transactions daily. Notiva's annual revenue was reported as ₹15.7Cr as of March 31, 2024.